Dubai real estate market stabilising | GulfNews.com:
"Dubai’s real estate market appears to be stabilizing with the cost of renting and buying apartments registering zero increases in the last part of 2014, a new report suggests.
Property analysts expect the market to remain subdued in the next 12 months, as more residential units are scheduled to open their doors to new tenants.
The latest report by Jones Lang Lasalle (JLL), which uses data collated by REIDIN.com, stated that the average rents and property sale prices remained “relatively flat” in the second half of 2014. There were also “marginal declines” in rates over the last quarter."
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